Question

Jai narayan sell two radio sets for rs. 2288 each. On one he gain 10%and on the other he losses 10%. Find his gain or loss %.

Answer 1

Answer:

Jai narayan's loss is 1%

Step-by-step explanation:

If you have two things, and the selling price of each things are same. You get x% profit and x% of loss after selling them.

In that case you will always loss money.

The formula for loss % is: $(\frac{x}{10})^2$

Now consider the provided information.

The loss and gain are same i.e 10% so substitute the value of x=10 in above formula.

$(\frac{10}{10})^2=1\%$

Hence, his loss is 1%